Common use of BOND REQUIREMENTS Clause in Contracts

BOND REQUIREMENTS. Each Employer shall be required to obtain, maintain, in full force and effect and keep on file with the Union and the Benefit Funds either a dual bond or two separate bonds, or a letter of credit, to secure all monetary obligations pursuant to the following schedule.

BOND REQUIREMENTS. Each Employer shall be required to obtain, maintain, in full force and effect and keep on file with the Union and the Benefit Funds Data Center either a dual bond or two separate bonds, or a letter of credit, bonds to secure all monetary obligations pursuant to the following schedule.

BOND REQUIREMENTS. Each Employer shall be required to obtain, maintain, in full force and effect and keep on file with the Union and the Benefit Funds either a dual bond or two separate bonds, or a an irrevocable letter of credit, to secure all monetary obligations pursuant to the following schedule.

BOND REQUIREMENTS. Each Employer shall be required to obtain, maintain, in full force and effect and keep on file with the Union and the Benefit Funds either a dual bond or two separate bonds, or an i r r e v o c a b l e letter of credit, to secure all monetary obligations pursuant to the following schedule.